Profitable Inventory Management and Control

The online course for strategically managing inventory


87 student reviews

Bad inventory decisions can kill an organization's profitability, whittle away at its market share, and generally wreak havoc on the supply chain... Are you guilty of making those bad decisions?

If you're basing your inventory decisions on guesses or informally-learned tactics rather than basing them on time-tested best practices, you are probably setting yourself up for failure. But it doesn't take decades of experience or years of training to learn what you need to know to make the inventory decisions that will maximize your organization's success. Our highly personal and interactive online class  "Profitable Inventory Management and Control" will give you the skills you need to use inventory as a strategic weapon for boosting profitability and giving your organization a competitive advantage. You'll become an inventory management and control expert, you'll have fun doing so, and your organization's financial and operational performance will improve as you implement the easy-to-apply best practices taught in this course.

You will learn all of the fundamentals of inventory management and control plus...

  • The 6 big inventory risks and how to mitigate them
  • How to forecast more accurately whether your business is stable, growing, declining, or subject to seasonality
  • How to set up the inventory replenishment cycle, including setting safety stock levels, reorder points, and economic order quantities (EOQ)
  • How to measure inventory management performance using metrics such as inventory turnover, fill rate, and various financial ratios
  • How to integrate desired service levels into inventory management and control decisions
  • How to conduct inventory analysis, including applying ABC Analysis/Stratification
  • How to reduce inventory
  • How to calculate cost savings related to inventory management and control decisions
  • How to evaluate the effect of lead time, including transportation considerations, on inventory
  • What postponement is and how you might apply it for reducing inventory and waste
  • What inventory optimization really is and how you can harness it through technology


Sign up for Profitable Inventory Management And Control by March 28, 2014 and save 10% on your enrollment. Use code Save10Now at checkout.

A great thing about this online class is that you are GUARANTEED to be able to apply what you learn to your work. That's right - your online learning experience is 100% risk-free. If you are not satisfied for any reason whatsoever, let us know within seven days of signing up and you will get a hassle-free refund. But you'll undoubtedly be delighted.

"Taking Profitable Inventory Management and Control with the NLPA has helped my company for the first time to commence prioritized purchasing and we have been able to save over one million Naira within six months.

This course made me more profitable to my company!"

Ngwaba Loveth C.
Materials Coordinator
Rivers State, Nigeria

Here's how this online class works. Within 24 hours of signing up, you will receive an email containing a user name, a password, and instructions. After receiving this email, you will be able to begin the class immediately!

That's right – you start the course when YOU want to, not when a schedule demands that you start. You don't have to wait to start transforming yourself into a world-class purchasing professional. You will log into the online classroom through NextLevelPurchasing.com and will be able to access the eight lessons of the class for 60 days.

You can complete the eight lessons of the course whenever you want to, as quickly or deliberately as you would like. There is no specific time that you have to be online. Each lesson takes approximately 30 to 60 minutes to complete. You can stop after doing each lesson or take multiple (or even all) lessons at one time. So for any given time that you choose to log in to the online classroom, you might spend just 30 minutes online (to take just one lesson)or up to eight hours online (if you want to complete the entire class in one sitting). It is all up to you! By participating in these lessons, you will:

  • Read powerful, practical, and easy-to-understand class material
  • Engage in exciting hands-on, interactive, Web-based exercises
  • Listen to optional audio clips of the material
  • Watch optional video summaries of each lesson
  • Take quizzes that provide you with immediate feedback
  • Play a fun mid-term game to reinforce your learning
  • Ask questions of our instructor and get personal responses quickly

By enrolling in this class, you will be on your way to earning your SPSM3® Certification. Profitable Inventory Management and Control satisfies a portion of the requirements towards earning the SPSM3® Certification.

Completing "Profitable Inventory Management and Control" will award you with 8 Continuing Education Hours.* These continuing education hours will satisfy a portion of the SPSM recertification requirements. Click here for more information on SPSM recertification and other continuing education opportunities.

When you complete this class, you will receive a Certificate of Completion! This full-color purchasing certificate is sent to you by postal mail and is suitable for framing. Here's what our certificates look like:

Fundamentals of Purchasing - Purchasing Fundamentals

By completing this course you will also gain access to the Lifetime Purchasing Skills Retention Package, free of charge. The Lifetime Purchasing Skills Retention Package is designed to support a lifetime return of your training investment through skills-sharpening material and services that are absolutely free. This service is available for every full-length course you complete and includes:

  • Monthly retention emails which focus on important course learning objectives
  • Access to a Quick Reference Guide which allows you to review key points on demand
  • Invitations to quarterly review webinars

And if you sign up for this purchasing training class on or before April 30, 2014, you will get all of these bonuses:

  • FREE printer-friendly, PDF version of the class material!
  • FREE Purchasing Performance Measurement spreadsheet template!
  • FREE access to educational Web-audio interviews with supply chain leaders!

The class and all of these bonuses are yours for only $229 (US) per student . Don't procrastinate and lose out on all of these bonuses.

Need more information? Click here to send us your questions.

Other Online Classes Available:

SPSM Certification Program (6 classes)
Mastering Purchasing Fundamentals
Microsoft Excel for Purchasing Professionals
Supply Management Contract Writing
Powerful Negotiation for Successful Buying
14 Purchasing Best Practices
Savings Strategy Development
Expert Purchasing Management
Professional Purchasing Project Management
Basics of Smart International Procurement
Executing a Global Sourcing Strategy
Finance for Strategic Procurement, Part I
Finance for Strategic Procurement, Part II
Improving Quality in the Supply Chain
Dominando los Fundamentos de Compras
Managing Supplier Performance (FREE Express Course)
Negotiation No-No's (Express Course)
15 Rules For Ethical Supplier Interaction
Secrets of Painless Services Contracting, Part I
Secrets of Painless Services Contracting, Part II
Increasing Your Personal Productivity, Part I
Increasing Your Personal Productivity, Part II
Preventing and Managing Backdoor Selling
How To Plan For Outsourcing Success
7 Critical Steps of Effective Supplier Selection
Procurement KPI's & Business Acumen, Part I
Procurement KPI's & Business Acumen, Part II
Procurement KPI's & Business Acumen, Part III
Procurement KPI's & Business Acumen, Part IV
Tips For Regret-Free Supplier Communication
How To Take Charge of Your Procurement Career
Supplier Development Program Basics, Part I
Supplier Development Program Basics, Part II

*Participants who successfully complete this program will receive the specified number of hours of continuing education. They may be applied toward Next Level Purchasing's SPSM Certification program requirements as well as ISM C.P.M. recertification and/or A.P.P. reaccreditation program requirements. ISM's consent to provide a program number for this educational event is not an endorsement of this program or its content by ISM.

** Amazon.com is not a sponsor of this promotion. Amazon, Amazon.com, and the Amazon.com logo are registered trademarks of Amazon.com, Inc. or its affiliates. Amazon.com gift cards are issued by ACI Gift Cards, Inc. Restrictions apply to Amazon.com gift cards. Gift cards are redeemable only for purchases of eligible products on www.amazon.com and may not be redeemed for cash, unless prohibited by law. See www.amazon.com/gc-legal for complete terms and conditions. Next Level Purchasing will send your Amazon.com gift card by email approximately 8-12 days after you enroll.